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Combination Treatment in Aesthetics Market to Surpass US$ 4 Billion by 2026

 



(SanDiego.CityRegions.Com, August 27, 2018 ) The Global Combination Treatment in Aesthetics Market by Treatment (Neuromodulators/Radiofrequency, Neuromodulators/Derma Fillers, Laser/Derma Fillers, Laser/Topical Drugs, Neuromodulators/Intense Pulsed Light, and Others), by Application (Skin Resurfacing, Scar Removal, Hair Removal, Tattoo removal, and Others), by End User (Dermatology Clinics, Beauty Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 2,334 million in 2017, and is projected to exhibit a CAGR of 9.1% over the forecast period (2018 – 2026), as highlighted in a new report published by Coherent Market Insights.



Combination treatment in aesthetic market consists of various treatment approaches such as neuromodulators, derma fillers, topical therapies, intense pulsed light photo rejuvenation, laser therapies, radiofrequency-based therapies and ultra-radiofrequency-based therapies. The market is expected to witness significant growth during the forecast period, owing to several advantages such as synergy of different platform-providing quick results and reduction in number of visits of the dermatologist clinics.



Combination treatment for skin resurfacing may involve optimal combination, treatment timing, and sequence of different procedures, starting with skin tightening by applying radiofrequency or ultrasound to skin. This is followed by the derma fillers to lift skin and remodeling the collagen. Skin resurfacing by various non-ablative-based devices could be performed, followed by the application of the neuromodulators such as botulinum toxin. These procedures are preferably done in succession, with a gap 1 or 2 week in between.



Latest trends and insights prevalent in the Combination Treatment in Aesthetics Market



Increasing adoption of minimally-invasive surgeries worldwide is expected to be major factor driving growth of the combination treatment in aesthetics market. This is owing to various approaches of minimally invasive techniques that are utilized in combination treatment. According to Plastic Surgery Statistics Report in 2017— by American Society for Plastic Surgeons, around 14,154,914 minimally invasive procedures were performed in the U.S. in 2017. The report further stated that 168% rise in such procedures was observed since 2000. Moreover, in 2017, 4% rise was evident in patient pool who preferred multiple minimally invasive procedures for single cosmetic problem compared to 2016.



Furthermore, increase in number of aging population worldwide, especially in developed economies is expected to drive growth of the combination treatment in aesthetics market. According to the Plastic Surgery Statistics 2017, age group 40 to 54 contributed around 49% of the total cosmetic procedures in the U.S. This accounted to around 7.7 million cosmetic procedures, of which 7.1 million were minimally-invasive procedures. Furthermore, increase in disposable income of population in emerging economies such as China, India, and Brazil is major factor expected to fuel growth of the market.



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Combination treatment in aesthetic market in India is expected to witness significant growth due to medical tourism prospects in the country from cost competitiveness and skilled human resource in medical and cosmetic procedure sector. For instance, according to a data given by Ministry of External Affairs Of India, India issued over 0.17 million medical visas in 2016, compared to 0.12 million in 2015. According to the International Society of Aesthetic Plastic Surgery (ISAPS) report, in 2016, the top five countries – the U.S., Brazil, Japan, Italy, and Mexico – accounted for around 41.4% of the cosmetic procedures worldwide, followed by Russia, India, Turkey, Germany, and France.



Browse 23 Market Data Tables and 22 Figures spread through 137 Pages and in-depth TOC on “Combination Treatment In Aesthetics Market - by Treatment (Neuromodulators/Radiofrequency, Neuromodulators/Derma Fillers, Laser/Derma Fillers, Laser/Topical Drugs, Neuromodulators/Intense Pulsed Light, and Others), by Application (Skin Resurfacing, Scar Removal, Hair Removal, Tattoo removal, and Others), by End User (Dermatology Clinics, Beauty Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)”



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New product launches and acquisitions by key players are expected to drive growth of the combination treatment in aesthetics market



Key players are launching innovative products in the market to expand their market share. These new products provide wide variety of device choices to physician that avail different combinations of minimum invasive devices with other modalities and efficient performance for various cosmetic treatments. For instance, In January 2018, Cutera, Inc. launched Juliet and Secret RF to its product offerings of laser and energy-based device. In the same year, Galderma S.A. was granted FDA approval for its next-generation hyaluronic acid (HA) dermal fillers – Restylane Refyne and Restylane Defyne – for the treatment of moderate to severe facial wrinkles and folds.



Market players are acquiring companies that could complement and add to product portfolio and expand geographical presence. In March 2017, Hologic, Inc. acquired Cynosure, Inc. —developer, manufacturer and supplier of a broad array of light-based aesthetic and medical treatment systems. In August 2018, Nestlé Skin Health – parent company for Galderma— announced acquisition of several key aesthetic dermatology products from Valeant Pharmaceuticals International, to commercialize in the U.S and Canada. Product acquired include, Restylane, Perlane and Emervel used for corrective facial aesthetic treatments, and Dysport, and Sculptra used in aesthetic dermatology treatment.



Key Takeaways of the Combination Treatment in Aesthetics Market:



The global combination treatment in aesthetics market is expected to exhibit a CAGR of 9.1% over the forecast period, owing to increasing adoption of the multiple minimally- invasive skin procedures such as neuromodulators, radiofrequency devices, derma fillers, intense pulsed light, and lasers in order to perform skin resurfacing, scar removal procedures

Among treatment type, radiofrequency devices with neuromodulators is expected to hold dominant position during the forecast period, due to complimentary effects these procedures produce and higher number of neuromodulator(Botulinum Toxin Type A) procedures performed, annually.

Among end users, dermatology clinic segment is expected to hold largest market share, due to availability of multiple approaches to treat various skin-related problems at skin the dermatology premises, skilled human resources, and increased awareness among consumer regarding dermatology treatment.

North America is expected to be the dominant region during forecast period in the combination treatment in aesthetics market, followed by Latin America. The U.S. spends highest amount on the cosmetic procedures in the world. According to the American Society for Aesthetic Plastic Surgery’s national data bank, the U.S. spent US$ 2,332,965,407 in 2015, on skin rejuvenation procedures alone. Furthermore, Asia pacific is expected to exhibit highest CAGR due to increasing disposable income for spending over cosmetic procedures and booming medical tourism industry (India, ASEAN, and others) in the region.

Key players operating in the combination treatment in aesthetics market include, Syneron Medical Ltd., Allegern, Inc., Hologic, Inc., Cynosure, Inc., Merz GmbH and KGaA, Bausch Health Companies, Galderma S.A., Cutera Inc., Alma Lasers, Ltd., Lutronic Corporation, Lumenis Ltd., Cutera, Inc., Strata Skin Sciences, Inc., BISON MEDICAL, Solta Medical Inc., Lynton Lasers Ltd. and Sciton, Inc

About Coherent Market Insights:



Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Coherent Market Insights

Mr. Shah

2067016702

sales@coherentmarketinsights.com

Source: EmailWire.Com

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